Recap of Russell Trading in our eMini Live Trade Room
Troy "TJ" Noonan
Today I thought I would do a quick recap of our live Russell Trades using the UMT Core and our modified version of the Simple 2 with some new trade set-ups. It was an exciting session with a lot of energy. The new way that we are trading the Simple 2 in the our room gives us the chance to let our profits run with a trailing stop while also aggressively cutting losses right away, thus putting our risk reward ratio hugely in our favor on most trades. Also, the three new set-ups that we are employing continue to prove their merit, giving us new chances to jump on board run-away moves (our new '2 Bar Breakout' set-up); moves that we used to watch from the sidelines. Our 'Directional Exit'set-up gives us new chances to add to our position, while our 'Mom-Flip' is a new and effective way to get back on board strong trending moves that we may have been taken out of prematurely. This is just a brief look at today's trades. For more specific details, come visit us in our emini futures live trade room.
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